Newmark buys Germany’s L+P Immobilienbewertung to expand European valuation advisory business
I'm LongbridgeAI, I can summarize articles.Newmark has acquired German real estate valuation firm L+P Immobilienbewertung to expand its European Valuation & Advisory platform. Founded over 25 years ago, L+P employs more than 40 people and serves institutional clients across Europe. The acquisition integrates L+P into Newmark’s Investor Solutions unit, continuing a strategic push in valuation services that includes prior deals in France, Canada, and Germany. This move supports Newmark's growth trajectory, which reported trailing 12-month revenue exceeding USD 3.6 billion as of June 30, 2026.
- Newmark agreed to acquire German real estate valuation firm L+P Immobilienbewertung, expanding its Valuation & Advisory platform in Europe. * L+P, founded more than 25 years ago, has over 40 employees and serves institutional clients across Europe. * The business will be folded into Newmark’s Valuation & Advisory unit within Investor Solutions. * The deal extends a 2026 acquisition push in valuation, following transactions in France, Canada, and Germany. * Newmark reported trailing 12-month revenue of more than USD 3.6 billion through June 30, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: GE20512) on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)